PayInc Economic Index shows resilience amid economic challenges

THE PaylInc Economic Index for August 2025 released on Thursday showed a fourth month of consecutive gains, a clear sign of economic resilience amid persistent headwinds.

- YOGASHEN PILLAY

PayInc was formerly known as BankservAfrica before the revamp was announced last month.

Shergeran Naidoo, the head of Stakeholder Engagements at PaylInc, said that the index level reached 102.8 in August 2025, a growth of 1.3% on July’s level.

“Year-on-year, the index is 3.7% higher, indicating that the Q2 uptick has carried into Q3 despite uncertainty and weak confidence.

The better-than-expected GDP outcome for Q2 at 0.8% q/q also confirms this narrative of resilience, in line with indications from the PayInc Economic Index”

Elize Kruger, an independent economist, said that the improvement, as reflected in the PayInc Economic Index over the past few months, is surprising given the domestic and global challenges this year.